LOS ANGELES, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) today announced plans to launch matchpoint™, an innovative managed-service technology platform that enables content distributors, OTT service operators, web publishers, and OEMs to efficiently and cost-effectively create compelling OTT and media subscription services. matchpoint will be offered at competitive pricing to suit the unique needs of potential customers, and will be available for preview at the upcoming CES conference in Las Vegas at The Mirage Hotel from January 8-11, 2019.

Support for mixed-media content types – Consumers demand enhanced value from their OTT services, and matchpoint takes this to the next level with robust support for non-video media, including music, streaming audio, linear video channels, podcasts, audiobooks, eBooks, digital comics, magazines, and more. Cinedigm plans to announce category partners in the near future, enabling operators to quickly curate and add content from a variety of digital media partners.

Support for third-party distribution – Today, most OTT platforms focus solely on direct-to-consumer distribution via apps. However, the fastest growing segment of the business is distributing channels into third-party ecosystems like Amazon Channels and virtual MVPDs. The matchpoint™ Dispatch distribution platform enables content owners to distribute their content quickly and easily through a cloud-based order management system, with planned support for more than 80 distribution outlets. This feature dramatically streamlines workflows while simultaneously reducing third-party distribution costs by up to 80 percent.

Modular, customizable platform – With a modern, open API-based architecture, the matchpoint system is designed to work seamlessly with a variety of technology vendors and partners, enabling customers to integrate with their existing enterprise systems or best-of-breed eco-system vendors. Cinedigm will be announcing key partners for our preferred vendor program in the near future.

In development for over four years, matchpoint currently serves as the platform for the management and operation of Cinedigm’s growing portfolio of OTT channels. Additionally, the company recently utilized the matchpoint Dispatch™ distribution module to automate the delivery of over 5,000 hours of digital programming to third-party partners, including the launch of Dove Channel on Comcast’s Xfinity X1 platform, which resulted in a 93 percent cost savings and completion of delivery in less than a third of the time it would have taken with third-party vendors.

“From the rise of third-party distribution to the evolving needs of consumers, the OTT space looks very different than it did three years ago,” said Erick Opeka, President of Cinedigm Networks. “However, most vendors have not been able to keep pace with these innovative developments. We created the matchpoint platform to address the key challenge facing the OTT space—creating a product that is cost effective and at the same time efficient in delivering great content experiences globally on any platform—be it an app, virtual vMVPD, or third-party ecosystem.”

“With the introduction of matchpoint, we are now able to more effectively and easily meet the growing demands of the OTT business,” Opeka continued. “Additionally, we have significantly decreased our time-to-market output, while reducing the many challenges that arise with the digital distribution of multiple types of media through automation—providing fast deployment and extensive support for a wide variety of media and mediums.”

Cinedigm Business Impactmatchpoint™ will be commercially available to customers beginning in fiscal calendar Q1, 2019. The company expects to generate revenues from app development and recurring SaaS fees upon signing of customers and deployment of their services, beginning in second quarter of calendar 2019. The company also expects to realize substantial OpEx savings from the utilization of the matchpoint distribution capabilities in other areas of Cinedigm’s distribution business.

To learn more about matchpoint, visit its website at matchpoint.tv. For sales inquiries and to schedule appointments to preview matchpoint at CES, email info@matchpoint.tv.

ABOUT CINEDIGMFor twenty years, Cinedigm (CIDM) has been at the forefront of the digital transformation of entertainment. Today, Cinedigm continues that mission by providing content, channels and services to the world’s largest media, technology and retail companies. Our content aggregation and distribution services power the world’s leading digital platforms and retailers. Cinedigm’s Digital Networks group provides channels and services that entertain consumers globally across hundreds of millions of devices. For more information about our content, channels and services, visit www.cinedigm.com.

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